Welcome to our dedicated page for International Business Machines news (Ticker: IBM), a resource for investors and traders seeking the latest updates and insights on International Business Machines stock.
International Business Machines Corporation develops enterprise technology across software, consulting, hardware, hybrid cloud, artificial intelligence and quantum computing. News from IBM centers on AI platforms and services, including watsonx, IBM Enterprise Advantage, IBM Consulting Advantage, IBM Sovereign Core, watsonx Orchestrate and Red Hat technologies for hybrid and regulated environments.
Recurring updates also cover IBM Consulting client work, industry and cloud collaborations, research milestones in quantum-centric supercomputing, AI-enabled application experiences, and IBM Institute for Business Value studies on enterprise adoption and governance of AI.
IBM has announced the expansion of Qiskit, its quantum software stack, which now supports over 100 qubits. The enhanced Qiskit SDK version 1.x focuses on performance and stability to facilitate complex quantum circuits, offering a 39x speed increase and 3x reduction in memory usage compared to previous versions. New features include AI-powered optimization, simplified execution modes, and a generative AI-powered code assistant. Qiskit aims to help users discover new quantum algorithms and advance quantum computing utility, benefiting enterprises, government organizations, and research institutions globally.
IBM introduced IBM Copilot Runway, a new offering to assist enterprises in integrating copilots' generative AI to enhance productivity. The company collaborates with Microsoft to develop copilots for various industries and use cases, such as procurement, customer service, and employee experience. IBM Consulting is expanding its Microsoft copilot capabilities globally to co-create AI-powered solutions with clients.
ServiceNow and IBM have collaborated to accelerate the impact of generative AI across the enterprise. The integration combines the Now Platform with IBM watsonx to boost productivity for customers and partners. ServiceNow will incorporate watsonx.ai and IBM Granite large language models into its Now Assist GenAI experience, allowing customers to connect their workflows to models trained within watsonx.ai.
IBM and SAP announced a partnership to collaborate on generative AI capabilities and industry-specific cloud solutions. The initiative aims to help clients unlock business value, accelerate innovation, and become next-generation enterprises through generative AI. The partnership focuses on next-generation AI business processes, industry innovation, platform architecture, and ecosystem expansion.
IBM SkillsBuild is providing free AI resources for teachers to enhance student learning during Teacher Appreciation Week. Teachers can access curriculum maps, lesson plans, student worksheets, and hands-on activities to supplement existing curriculum with AI skills. The program also offers toolkits on various topics like cybersecurity, sustainability, and professional skills. Teachers and students can benefit from over 1,000 free courses available on IBM SkillsBuild.
IBM has appointed Christina Shim as the new Chief Sustainability Officer, succeeding Wayne Balta, effective June 15. Christina brings 20 years of experience and is focused on advancing IBM's sustainability efforts. She aims to leverage technology to drive environmental impact and sustainability.
IBM has expanded the availability of its software portfolio to 92 countries in AWS Marketplace, enhancing procurement for clients and enabling them to use their AWS committed spend for IBM software purchases. This move aligns with the growing trend of cloud marketplaces and is expected to drive significant growth in the SaaS software market. The collaboration between IBM and AWS aims to streamline purchasing, shorten the buying cycle, and facilitate the deployment of software solutions.
The IBM board has approved an increase in the quarterly cash dividend for the 29th consecutive year, reflecting the company's focus on hybrid cloud and AI technologies. Arvind Krishna, IBM's CEO, emphasized sustained revenue growth and solid cash generation, enabling continued innovation and shareholder returns.
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